Looking at 4hr Chart, 2 strong green candles so far (1/2 way through candle 2, strong green though.)
Would be looking at the first FIB level of 83.178, but a close ye on previous R1 at 82.860
SL kept tight to prevent major losses in case of continuation down.
RSI, Stoch AND MACD all pointing towards a rise up over the next few candles.
Tread warily.
Would be looking at the first FIB level of 83.178, but a close ye on previous R1 at 82.860
SL kept tight to prevent major losses in case of continuation down.
RSI, Stoch AND MACD all pointing towards a rise up over the next few candles.
Tread warily.
Trade active
Targets in play, will watch to see what happens.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.